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FAQ · Transactional Advisory

Is Competition Board approval always required for an acquisition?

Not every transaction is subject to approval; the need for approval depends on the parties' turnovers and on whether the thresholds under Law No. 4054 (Turkish Law on the Protection of Competition) are exceeded. For acquisitions that exceed certain turnover thresholds, notification to and approval from the Competition Board are mandatory. We carry out this assessment at the outset of the transaction and prepare the necessary applications.

Updated · July 20261 min readCategory · Transaction Advisory
Short answer

Not every transaction is subject to approval; the need for approval depends on the parties' turnovers and on whether the thresholds under Law No. 4054 (Turkish Law on the Protection of Competition) are exceeded. For acquisitions that exceed certain turnover thresholds, notification to and approval from the Competition Board are mandatory. We carry out this assessment at the outset of the transaction and prepare the necessary applications.

Not every transaction is subject to approval; the need for approval depends on the parties’ turnovers and on whether the thresholds under Law No. 4054 (Turkish Law on the Protection of Competition) are exceeded. For acquisitions that exceed certain turnover thresholds, notification to and approval from the Competition Board are mandatory. We carry out this assessment at the outset of the transaction and prepare the necessary applications.

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This content is for general information purposes only and does not constitute legal advice. For an assessment specific to your particular situation, please get in touch with our team.
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